Retirement plan

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN

Name: MISSISSIPPI ASTHMA & ALLERGY - MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN (2024) Form 5500
Creator: MISSISSIPPI ASTHMA & ALLERGY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN, MISSISSIPPI ASTHMA & ALLERGY

MISSISSIPPI ASTHMA & ALLERGYEIN 64-0793451Plan #001PY 2024

1513 LAKELAND DRIVE, SUITE 101 - JACKSON, MS 392164829601-354-4836msaac.comLinkedIn51-200 employeesmedical practice

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.6M

+16.9% from 2023

Total participants

+49.1% from 2023

Average account balance

$171,673

-21.6% from 2023

Annual return

13.46%

-2.97 pp from 2023

Benchmarks

See 21,762 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,762 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.59M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$172K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$830K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$5072

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC5 years Service code 27 315 DEADERICK STREET · NASHVILLE, TN 37328	Advisory (Plan)	$20,436
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP Service code 64 6455 IRVINE RETIREMENT PLAN SERVICE · IRVINE, CA 92618	Recordkeeping Fees	$8,069

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$431K

$5072 / participant

Other / not subdivided$431K100.0%

% of EOY assets

2.954%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,673

$81,233+111.3%

$155,567+10.4%

$80,874+112.3%

Participation rate

100.0%

66.2%+33.8pp

78.2%+21.8pp

67.6%+32.4pp

Annual return

13.46%

33.33%-19.9pp

64.74%-51.3pp

35.62%-22.2pp

Employer contribution / active EE

$5,157

$3,101+66.3%

$4,674+10.3%

$2,756+87.2%

Participant deferral / active EE

$4,611

$3,452+33.6%

$5,628-18.1%

$4,297+7.3%

Admin fee / account holder

$5,072

$7,998-36.6%

$15,916-68.1%

$6,935-26.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC5 years

Service code 27

315 DEADERICK STREET · NASHVILLE, TN 37328

Advisory (Plan)

$20,436

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP

Service code 64

6455 IRVINE RETIREMENT PLAN SERVICE · IRVINE, CA 92618

Recordkeeping Fees

$8,069

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MISSISSIPPI ASTHMA & ALLERGY CLINIC, P.A. 401(K) PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion